Edible Grade Organic Spirulina Powder Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 3.5 Billion by 2030, growing at a CAGR of 12.0% from 2024 to 2030.
The global edible grade organic spirulina powder market was valued at approximately USD 220 million in 2022 and is projected to reach around USD 350 million by 2028. This growth reflects a robust compound annual growth rate (CAGR) of 8.1% over the forecast period. Increasing consumer awareness regarding the health benefits of spirulina, such as its high protein content and rich nutrient profile, is driving demand. Additionally, the rise in organic food consumption and the expansion of functional food segments are contributing to the market's expansion.
Opportunities in this market are bolstered by the growing trend of incorporating spirulina into dietary supplements, energy bars, and smoothies. Emerging markets in Asia-Pacific and Latin America are showing significant potential due to rising disposable incomes and shifting dietary preferences towards health-conscious choices. The development of advanced cultivation techniques and sustainable practices is also creating new avenues for growth. Market players are focusing on product innovation and regional expansion to capitalize on these emerging opportunities.
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DIC Corporation
EID Parry
Cyanotech Corporation (CC)
NOW Foods
Naturya
Aim Grow Biotech Co.
LtdAlgene Biotech
Amazing Grass
NOW
Micro Ingredients
NUTREX HAWAII
Nature's Way
Kos
Prairie Naturals
Cytoplan
Viridian Nutrition
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Edible Grade Organic Spirulina Powder Market
Online Sales
Offline Sales
Based on Types the Market is categorized into Below types that held the largest Edible Grade Organic Spirulina Powder market share In 2023.
Blue
Green
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Edible Grade Organic Spirulina Powder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Edible Grade Organic Spirulina Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Edible Grade Organic Spirulina Powder Market, By Type
6. Global Edible Grade Organic Spirulina Powder Market, By Application
7. Global Edible Grade Organic Spirulina Powder Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Edible Grade Organic Spirulina Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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